Starting a Blockchain P2P lending platform is a lucrative business opportunity
A Blockchain P2P lending platform will offer higher returns than investing in traditional financial instruments offered by banks.
The benefits comprise less paperwork, reduced overhead costs, faster approval of loans, elimination of intermediaries, option to pay the interest with cryptocurrencies, flexibility in repayment duration, and enhanced transparency.
The core features are an advanced search functionality, automatic EMI and loan calculator, automatic KYC/AML verification of the users, and an exclusive CRM system for distributing important information to the investors.
A Blockchain P2P lending platform will support different types of loans like education loans, automobile financing, real estate lending, and personal finance.
Borrowers can receive loans in cash and utilize their crypto assets as collateral in case they fail to pay the loan on time to the lender. Lenders receive constant income through interest payments by the borrower.
Team up with our innovative developer team for creating a state-of-the-art Blockchain P2P lending platform soon.